Boom Or Bust: Where Does Advantage Solutions Inc. (NASDAQ: ADV) Stock Go From Here? – Marketing Sentinel
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Boom Or Bust: Where Does Advantage Solutions Inc. (NASDAQ: ADV) Stock Go From Here?

During the last session, Advantage Solutions Inc. (NASDAQ:ADV)’s traded shares were 0.6 million. At the end of the trading day, the stock’s price was $4.42, reflecting an intraday loss of -2.86% or -$0.13. The 52-week high for the ADV share is $12.89, that puts it down -191.63 from that peak though still a striking 3.62% gain since the share price plummeted to a 52-week low of $4.26. The company’s market capitalization is $1.42B, and the average intraday trading volume over the past 10 days was 0.44 million shares, and the average trade volume was 479.21K shares over the past three months.

Advantage Solutions Inc. (ADV) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.30. ADV has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.22.

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Advantage Solutions Inc. (NASDAQ:ADV) trade information

Advantage Solutions Inc. (ADV) registered a -2.86% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.86% in intraday trading to $4.42 this Friday, 05/13/22, hitting a weekly high. The stock’s 5-day price performance is -15.16%, and it has moved by -28.01% in 30 days. Based on these gigs, the overall price performance for the year is -63.89%. The short interest in Advantage Solutions Inc. (NASDAQ:ADV) is 3.01 million shares and it means that shorts have 9.13 day(s) to cover.

The consensus price target of analysts on Wall Street is $6.33, which implies an increase of 30.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.00 and $7.00 respectively. As a result, ADV is trading at a discount of -58.37% off the target high and -35.75% off the low.

Advantage Solutions Inc. (ADV) estimates and forecasts

Statistics show that Advantage Solutions Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Advantage Solutions Inc. (ADV) shares have gone down -52.58% during the last six months, with a year-to-date growth rate less than the industry average at 4.29% against 8.50. In the rating firms’ projections, revenue will increase 12.60% compared to the previous financial year.

Revenue for the current quarter is expected to be $952.99 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $887.68 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $850.39 million and $791.02 million respectively. In this case, analysts expect current quarter sales to grow by 12.10% and then jump by 12.20% in the coming quarter.

While earnings are projected to return 133.30% in 2022, the next five years will return 14.46% per annum.

ADV Dividends

Advantage Solutions Inc. is due to release its next quarterly earnings between March 14 and March 18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Advantage Solutions Inc. (NASDAQ:ADV)’s Major holders

Advantage Solutions Inc. insiders own 69.22% of total outstanding shares while institutional holders control 28.08%, with the float percentage being 91.24%. Leonard Green & Partners, L.P. is the largest shareholder of the company, while 144 institutions own stock in it. As of Dec 30, 2021, the company held over 15.45 million shares (or 4.85% of all shares), a total value of $123.91 million in shares.

The next largest institutional holding, with 12.2 million shares, is of Baupost Group, Inc,.(The) LLC’s that is approximately 3.83% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $97.8 million.

Also, the Mutual Funds coming in first place with the largest holdings of Advantage Solutions Inc. (ADV) shares are Price (T.Rowe) Small-Cap Value Fund and Fidelity Value Fund. Data provided on Dec 30, 2021 indicates that Price (T.Rowe) Small-Cap Value Fund owns about 4.31 million shares. This amounts to just over 1.35 percent of the company’s overall shares, with a $34.58 million market value. The same data shows that the other fund manager holds slightly less at 3.65 million, or about 1.15% of the stock, which is worth about $26.38 million.

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